Capital Research Global Investors Has $96.90 Million Holdings in The Western Union Company $WU

Capital Research Global Investors grew its position in The Western Union Company (NYSE:WUFree Report) by 35.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,407,960 shares of the credit services provider’s stock after purchasing an additional 2,716,385 shares during the period. Capital Research Global Investors’ holdings in Western Union were worth $96,898,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB increased its position in Western Union by 606.7% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 3,265 shares of the credit services provider’s stock worth $26,000 after purchasing an additional 2,803 shares during the last quarter. Salomon & Ludwin LLC increased its position in Western Union by 1,546.5% in the 4th quarter. Salomon & Ludwin LLC now owns 3,326 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 3,124 shares during the last quarter. Fifth Third Bancorp increased its position in Western Union by 67.0% in the 4th quarter. Fifth Third Bancorp now owns 3,331 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 1,336 shares during the last quarter. GAMMA Investing LLC increased its position in Western Union by 164.9% in the 4th quarter. GAMMA Investing LLC now owns 3,581 shares of the credit services provider’s stock worth $33,000 after purchasing an additional 2,229 shares during the last quarter. Finally, Danske Bank A S acquired a new position in Western Union in the 3rd quarter worth about $37,000. 91.81% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Benjamin Carlton Adams sold 19,924 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $9.23, for a total transaction of $183,898.52. Following the completion of the sale, the insider owned 234,689 shares in the company, valued at approximately $2,166,179.47. This represents a 7.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Giovanni Angelini sold 6,000 shares of the company’s stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $9.47, for a total value of $56,820.00. Following the sale, the insider owned 311,292 shares of the company’s stock, valued at approximately $2,947,935.24. This trade represents a 1.89% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 3.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered Western Union from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday. Seven investment analysts have rated the stock with a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $8.82.

Read Our Latest Analysis on WU

Western Union Stock Performance

WU opened at $7.35 on Tuesday. The company has a market cap of $2.30 billion, a PE ratio of 5.40, a price-to-earnings-growth ratio of 0.95 and a beta of 0.46. The stock has a 50-day moving average of $8.70 and a 200-day moving average of $9.13. The Western Union Company has a 52-week low of $7.25 and a 52-week high of $10.35. The company has a debt-to-equity ratio of 2.88, a quick ratio of 1.11 and a current ratio of 1.11.

Western Union (NYSE:WUGet Free Report) last released its quarterly earnings results on Friday, April 24th. The credit services provider reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.15). The company had revenue of $963.50 million for the quarter, compared to the consensus estimate of $1.06 billion. Western Union had a return on equity of 55.94% and a net margin of 10.88%.The business’s revenue was down .1% compared to the same quarter last year. During the same quarter last year, the company posted $0.41 EPS. Western Union has set its FY 2026 guidance at 1.750-1.850 EPS. As a group, equities research analysts forecast that The Western Union Company will post 1.76 earnings per share for the current fiscal year.

Western Union Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $0.235 per share. This represents a $0.94 annualized dividend and a dividend yield of 12.8%. The ex-dividend date is Tuesday, June 16th. Western Union’s dividend payout ratio is 69.12%.

Western Union Company Profile

(Free Report)

Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. The company enables individuals and businesses to send and receive money through a variety of channels, including its vast agent network, online platforms, and mobile applications. Core services include person-to-person money transfers, business-to-business cross-border payments, bill payment services and prepaid card programs.

Through its digital offerings, Western Union provides customers with the ability to initiate transfers via its website and mobile app, as well as track transactions in real time.

Featured Articles

Want to see what other hedge funds are holding WU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Western Union Company (NYSE:WUFree Report).

Institutional Ownership by Quarter for Western Union (NYSE:WU)

Receive News & Ratings for Western Union Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Union and related companies with MarketBeat.com's FREE daily email newsletter.